BP chief receives 20% pay hike despite record loss and 7,000 axed jobs
by Terry Macalister Energy editor from Environment | The Guardian on (#15ZQY)
High Pay Centre says 14m earned by Bob Dudley last year during crisis at oil firm is out of contact with reality
Bob Dudley, the chief executive of BP, earned nearly $20m last year - at a time when the company ran up the biggest losses in its financial history and axed thousands of jobs.
The $19.6m (14m) remuneration bonanza was condemned by the High Pay Centre as another example of a company losing "contact with reality" when it came to handing out fortunes to top executives.
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